Newag Balance Sheet

Financials in millions PLN. Fiscal year is January - December.

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	383.77	576.61	267.31	483.58	45.83	127.67
Short-Term Investments	-	-	-	0	0.06	0.13
Cash & Short-Term Investments	383.77	576.61	267.31	483.58	45.89	127.8
Cash Growth	54.23%	115.71%	-44.72%	953.83%	-64.09%	25.46%
Accounts Receivable	271.8	251.36	297.19	210.81	354.22	276.11
Other Receivables	0.65	0.19	0	2.68	1.22	18.94
Total Trade Receivables	272.45	251.54	297.19	213.49	355.43	295.05
Inventory	858.5	720.36	611.55	492.91	534.62	480.59
Total Current Assets	1,515	1,549	1,176	1,190	935.94	903.44
Net Property, Plant & Equipment	481.79	449.11	450.2	431.5	442.08	455.12
Other Intangible Assets	15.41	16.68	21.38	4.72	7.48	10.73
Goodwill	16.98	16.98	16.98	16.98	16.98	18.73
Long-Term Investments	-	0	0	3.55	3.03	4.48
Other Long-Term Assets	74.98	73.87	68.73	84.28	15.89	9.04
Total Assets	2,104	2,105	1,733	1,731	1,421	1,402
Accounts Payable	630.64	667.81	588.77	620.67	225.59	211.43
Accrued Expenses	20.79	79.88	29.97	21.4	6.96	4.95
Current Portion of Long-Term Debt	39.79	35.73	35.95	107.05	290.8	282.54
Current Portion of Leases	6.42	7	25	13.31	13.09	29.26
Other Current Liabilities	61.56	52.59	45.42	39.91	42.57	29.35
Total Current Liabilities	759.19	843.01	725.11	802.35	579.01	557.53
Long-Term Debt	5.49	5.63	6.19	2.91	0	7.95
Long-Term Leases	85.24	68.9	72.67	91.88	103.58	104.2
Other Long-Term Liabilities	48.79	40.52	48.26	31.58	29.62	34.51
Total Long-Term Liabilities	139.52	115.04	127.12	126.36	133.2	146.67
Total Liabilities	898.71	958.05	852.23	928.71	712.2	704.2
Common Stock	-	11.25	11.25	11.25	11.25	11.25
Additional Paid-in Capital	-	128.81	118.11	0	0	0
Accumulated Other Comprehensive Income	-	85.11	85.17	87.85	88.01	88.92
Retained Earnings	-	920.58	665.87	703.09	609.71	596.93
Total Common Shareholders' Equity	-	1,146	880.39	802.2	708.97	697.1
Minority Interest	-	1.35	0.71	0.12	0.22	0.24
Shareholders' Equity	1,205	1,147	881.1	802.32	709.19	697.34
Total Liabilities & Equity	2,104	2,105	1,733	1,731	1,421	1,402
Total Debt	136.93	117.26	139.81	215.15	407.47	423.96
Net Cash (Debt)	246.84	459.36	127.5	268.43	-361.58	-296.16
Net Cash Growth	-46.26%	260.29%	-52.50%	-	-	-
Net Cash Per Share	5.49	10.21	2.83	5.96	-8.04	-6.58
Book Value	-	1,146	880.39	802.2	708.97	697.1
Book Value Per Share	-	25.46	19.56	17.83	15.75	15.49
Tangible Book Value	-32.39	1,112	842.04	780.49	684.51	667.64
Tangible Book Value Per Share	-0.72	24.71	18.71	17.34	15.21	14.84